Professional Client

An investor that is able to meet several regulatory criteria.

An investor that is able to meet several regulatory criteria.

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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Accounting standards

The rules a company follows when preparing financial statements.
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Total Return

This is the measurement of a fund’s performance in a specific period.
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